Market Trends of Temperature Management Industry
This section covers the major market trends shaping the Temperature Management Market according to our research experts:
Conventional Warming System Segment is Expected to Witness Considerable Growth Over the Forecast Period
Conventional warming systems, a type of Patient Warming Devices, help to prevent hypothermia in surgical patients and are considered standard and effective care. These systems offer forced air, which essentially blows warm air through a cover that surrounds the patient. Many studies show that patients warmed with forced air have a normal body temperature at the end of surgery. Conventional warming systems can create significant temperature gradients within the operating room that have the potential to disrupt laminar airflow patterns and contaminate the surgical site with floor-level air mobilized by convection currents. Thus, owing to several advantages, conventional warming systems are widely used across the globe.
The increasing number of surgical procedures is one of the major drivers for the segment. For instance, according to the research journal published by the Journal of Surgery and Surgical Research in October 2021, in India, more than 1,88,82,734 surgeries were carried out in 2021 in public health facilities, including around 48,51,788 major and 1,40,30,946 minor surgeries. Conventional warming systems generally help maintain warm temperatures during pre and post-surgeries; thus, increasing the number of surgical procedures is expected to propel the segment growth.
Temperature Management is one of the essential parts of the treatment of infectious diseases; therefore, increasing cases of infectious diseases may boost segment growth over the forecast period.
North America is Expected to Witness Significant Growth Over the Forecast Period
North America is expected to witness significant growth in the Temperature Management Market over the forecast period. This growth is due to factors such as the rising cases of infectious diseases, cancer, and increasing surgical procedures in the region. For instance, according to the Epidemiological Surveillance and Disease Control Center and the HIV/AIDS/STI Department at the Health Institute of the State of Mexico (ISEM), as of 2021, several cases of infectious diseases have been reported in Mexico. As per the data published by UNAIDS 2021, more than 230,000 Mexicans were living with HIV. Thus, the increasing number of infectious diseases may increase the demand for Temperature Management Systems, thereby driving market growth in the North American region.
Key product launches, high concentration of market players' presence, acquisitions, and partnerships among major players, and a rising number of surgical procedures and diseases in the United States are some of the factors driving the growth of the Temperature Management Market in the country. For instance, the CDC reported in May 2022 that 30,635 people in the United States and dependent territories acquired HIV in 2021. Furthermore, innovative product approvals may also surge the market growth in the United States. For instance, in October 2020, Gentherm announced that it received 510(k) clearance from the U.S. FDA and launched the ASTOPADTM Patient Warming System in the United States, strengthening their position in the Medical Warming Device Market. The ASTOPAD system can be utilized in all surgical procedures and helps prevent and treat hypothermia in patients throughout perioperative procedures. Therefore, owing to the high prevalence of infectious diseases and product approvals, the Temperature Management Market is anticipated to grow over the forecast period in the United States.
